Funding

InspireSemi Announces Final Closing of Private Placement

Retrieved on: 
Tuesday, April 9, 2024
Funding, Exchange, HPC, AI

Investors not resident in the United States were issued SV Units at a price per SV Unit of C$0.15.

Key Points: 
  • Investors not resident in the United States were issued SV Units at a price per SV Unit of C$0.15.
  • Each whole SV Warrant is exercisable for one SV Share at a price per share of C$0.20.
  • Each whole PV Warrant is exercisable for one PV Share at a price per share of $20.00.
  • The Financing has been conditionally approved by the Exchange but remains subject to the receipt of final approval from the Exchange.

YieldMax™ ETFs Announces Monthly Distributions on MSTY (120.57%), CONY (119.30%), NVDY (106.86%), AMDY (65.04%), FBY (61.10%) and Others

Retrieved on: 
Wednesday, April 3, 2024
ARK, MSFT, COIN, Risk, History, Sale, Lovell Minnick Partners, Trust, Investment, ETF, Adviser, AAPL, Funding, TSLA, Capital gain, Prospectus, SQ, PYPL, JPM, NAV, MRNA, AI, NFLX, AMD, GOOY, Government, Unitary state, GOOGL, NVDA, TRUST, XOM, MSTR, AMZN, DIS, Security (finance)

The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • The Distribution Rate and 30-Day SEC Yield are not indicative of future distributions, if any, on the ETFs.
  • Distributions for the ETFs (if any) are variable and may vary significantly from month to month and may be zero.
  • If the Fund does make distributions, the amounts of such distributions will likely vary greatly from one distribution to the next.

PIMCO Global Income Opportunities Fund Announces Annual Redemption

Retrieved on: 
Tuesday, April 2, 2024
Funding, TSX

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- PIMCO Global Income Opportunities Fund (the “Fund”) (TSX: PGI.UN) announced that the redemption price for the 1,800,795 Class A Units (the “Units”) that have been tendered for redemption on the annual redemption date of March 28, 2024 will be $7.57059 per Unit. Redeeming unitholders will also be entitled to receive the March monthly distribution of $0.05688 per Unit, payable on April 12, 2024. Payment of the proceeds of redemption will be made on or before April 19, 2024.

Key Points: 
  • TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- PIMCO Global Income Opportunities Fund (the “Fund”) (TSX: PGI.UN) announced that the redemption price for the 1,800,795 Class A Units (the “Units”) that have been tendered for redemption on the annual redemption date of March 28, 2024 will be $7.57059 per Unit.
  • Redeeming unitholders will also be entitled to receive the March monthly distribution of $0.05688 per Unit, payable on April 12, 2024.
  • Payment of the proceeds of redemption will be made on or before April 19, 2024.
  • The Manager, PIMCO Canada, retains Pacific Investment Management Company LLC (“PIMCO”), to provide investment management services to the Funds.

InspireSemi Announces Secured Loans and Closing of Private Placement

Retrieved on: 
Monday, April 1, 2024
Creditor, TSX Venture Exchange, Funding, Exercise, Exchange, Loan, Minority, Loan agreement, HPC, AI, Finance Secretary (India), Advance, PV, Security (finance)

The Loans may be repaid by the Company prior to the Maturity Date at the Company’s option.

Key Points: 
  • The Loans may be repaid by the Company prior to the Maturity Date at the Company’s option.
  • The Loans are secured until repayment by a first ranking security granted by general security agreement (and guaranteed by all subsidiaries) on all of the present and future acquired assets of the Company and its subsidiaries.
  • The Company will, subject to the approval of the TSX Venture Exchange (the “Exchange”), issue a total of 48,911 Bonus Warrants to the Lenders.
  • The terms of the Loan Agreement provide that the Company may receive additional secured loans on the same terms up to a maximum amount of US$3,000,000.

Innovator Expands Defined Protection 100% Buffer ETF™ Suite with AAPR Following Market Demand

Retrieved on: 
Monday, April 1, 2024
Option, Funding, ETF, Name, Risk, FLEX, Date, Lovell Minnick Partners, Distribution, Prospectus, Investment, OCC, Fund, Security (finance)

The funds only seek to provide their investment objective, which is not guaranteed, over the course of an entire outcome period.

Key Points: 
  • The funds only seek to provide their investment objective, which is not guaranteed, over the course of an entire outcome period.
  • Depending upon market conditions at the time of purchase, a shareholder that purchases shares after the Outcome Period has begun may also lose their entire investment.
  • For instance, if the Outcome Period has begun and the Fund has decreased in value beyond the pre-determined buffer, an investor purchasing shares at that price may not benefit from the buffer.
  • The Funds seek to provide shareholders that hold Shares for the entire Outcome Period with a Buffer against the Underlying ETF losses during the Outcome Period.

Osisko Development Reports Fourth Quarter And Year-End 2023 Results

Retrieved on: 
Friday, March 29, 2024
Carbon, First Nations, Funding, Biophysical environment, International Financial Reporting Standards, Health, Sale, Diamond, Bank statement, Environment, ODV, International, National Bank of Canada, MRE, Line of credit, Public expenditure, Climate change, AG, Technical report, EAO, Cow urine, Rehabilitation, Environmental impact assessment, News, Dragon (magazine), Credit, Lithium, Sustainable development, Project, Engineering, Mining, Gold, Progress, National bank, Government, EEM

MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").

Key Points: 
  • (All monetary references are expressed in Canadian dollars, unless otherwise indicated)
    MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").
  • 2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of:
    $6.9 million in revenues ($31.6 million in 2023) and $6.4 million in cost of sales ($32.3 million in 2023) generated from operating activities in the fourth quarter.
  • After giving effect to the Financing, Osisko Development and O3 Mining hold approximately 47% and 12%, respectively, of the outstanding EEM shares.
  • Assay results for all remaining drill holes from the 2023 exploration program were released on February 22, 2024 (see Subsequent to Q4 2023).

Credit Acceptance Announces Completion of $500.0 Million Asset-Backed Financing

Retrieved on: 
Thursday, March 28, 2024
Funding, News, Security (finance)

The Financing is structured so as not to affect our contractual relationships with dealers and to preserve the dealers’ rights to future payments of dealer holdback.

Key Points: 
  • The Financing is structured so as not to affect our contractual relationships with dealers and to preserve the dealers’ rights to future payments of dealer holdback.
  • We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history.
  • Without our financing programs, consumers are often unable to purchase vehicles or they purchase unreliable ones.
  • Credit Acceptance is publicly traded on the Nasdaq stock market under the symbol CACC.

AGF Investments Announces Closure and Liquidation of AGF Global Infrastructure ETF, AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund

Retrieved on: 
Thursday, March 21, 2024
Russian National Wealth Fund, Funding, AGFA, ETF, AGF, Trustee, Sale, TSX, Investment, Security (finance)

BOSTON, March 21, 2024 (GLOBE NEWSWIRE) -- AGF Investments* (TSX:AGF.B) announced today the closure and liquidation of AGF Global Infrastructure ETF (GLIF), AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund (collectively “the Funds”) on or about April 30, 2024 (the “Liquidation Date”).

Key Points: 
  • BOSTON, March 21, 2024 (GLOBE NEWSWIRE) -- AGF Investments* (TSX:AGF.B) announced today the closure and liquidation of AGF Global Infrastructure ETF (GLIF), AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund (collectively “the Funds”) on or about April 30, 2024 (the “Liquidation Date”).
  • Effective immediately, AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund are closed to new investors.
  • Also effective immediately, new account requests and exchanges into AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund are no longer accepted.
  • Note that there may be distributions paid on AGF Global Sustainable Equity Fund and AGF Emerging Markets Equity Fund, prior to the liquidation.

Collective Audience Appoints Silicon Valley/Tech Finance Veteran, Josh Tanzer, to Advisor Collective

Retrieved on: 
Thursday, March 14, 2024
Noguchi Museum, Automation, TD Ameritrade, Funding, Tanzer, University, Growth, Fintech, Salesforce, Adtech (company), Commerce, AI, Credit Suisse, IPO, MLOps, DevOps, Vonage, M&A, Whitney Museum, Exodus Communications, Jefferies, B2B, Martech, Commvault, National Committee

Tanzer is the founder and managing partner of Principia Growth, a technology growth equity investment firm based in Los Angeles and New York.

Key Points: 
  • Tanzer is the founder and managing partner of Principia Growth, a technology growth equity investment firm based in Los Angeles and New York.
  • As a mid-to-late-stage growth investor, Principia monitors a broad spectrum of emerging technologies and invests in entrepreneurs who are building enduring companies.
  • “Josh expands the breadth and depth of our Advisor Collective with extraordinary knowledge and experience across finance, cloud infrastructure, AI, fintech, technology investing and M&A, along with deep Wallstreet and tech industry relationships,” stated Collective Audience CEO, Peter Bordes.
  • To learn more about Josh Tanzer and his vision for the future of the industry, visit the Collective Audience Blog here .

Voya announces change to distribution frequency from quarterly to monthly on four funds

Retrieved on: 
Thursday, April 4, 2024
Banking, Professional Services, Finance, Funding, Investment management, Risk, Trustee, Policy, VOYA, Investment, IAE, Voya Financial, IHD, IGA, Security (finance)

Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced that the funds’ Board of Trustees has approved a change to the distribution frequency of four funds from quarterly to monthly.

Key Points: 
  • Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced that the funds’ Board of Trustees has approved a change to the distribution frequency of four funds from quarterly to monthly.
  • The funds have a long history of making consistent periodic payments to shareholders and Voya Investment Management believes the change to monthly will enable investors to better manage their cashflow needs.
  • Investors should not make any conclusions about the funds’ investment performance from the amount of the funds’ distributions or the funds’ distribution policy.
  • Neither the Funds nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.